Application of Altman Z-score model for non-manufacturing organization organisation with reference to Infosys.

Author(s):

Dr NITIN UNTWAL

Keywords:

Abstract

Finance is like life and blood for an organization. If the financial health is not good of an organization than it cannot grow neither it can sustain for longer time phase hence proper management of financial resources is required further it needs proper attention in order to optimize the same for achieving organization goals and objectives. Altman Z- score is an technique for evaluation for financial wellbeing of the organization. z-score methodology is developed by renowned professor Altman and the model is named after him only. The Altman Z-score is recommended for manufacturing as well as for non-manufacturing organization. The Altman Z-score is modified and only four criteria’s are being evaluated hence researcher had decided to conduct the study titled Application of Altman Z-score model for non-manufacturing organization organisation with reference to Infosys.